President Expected Back in Nigeria Today

The President and Vice President of Nigeria, Senator Bola Ahmed Tinubu and Ibrahim Shettima are currently out of the country, leaving the country without a substantive head of government. Naija Daily News has learnt.

President Tinubu left the country two weeks ago on 2 October, leaving Shettima in charge of Aso Rock, the seat of government.

Naija Daily News confirmed on Wednesday afternoon that VP Shettima has jetted out of the country for a two-day visit to Sweden.

A statement by the VP said his Sweden trip is to represent Nigeria in a bilateral talk, to be held in Stockholm.

Stanley Nkwocha, the Spokesman to Vice President Shettima, in a statement, “The Vice President is expected back in the country on Saturday.

“While in Sweden, the Vice President, will engage in high-level bilateral talks with key government officials, including a meeting with Crown Princess Victoria of Sweden and the Swedish Prime Minister,” he said.

The spokesman further revealed that Shettima will use the Sweden visit “to explore opportunities for strengthened collaboration between Nigeria and Sweden in areas such as ICT, innovation, education, digitalisation, sustainable transport, mining, and agriculture.

He will also meet with key stakeholders in both the Government and Private Sector.

The Vice President “will also meet with Norrsken, a Stockholm-based venture capital impact investor, which recently launched Norrsken22, a USD 205 million tech investment fund for Africa.

“Norrsken22 is a technology growth fund, backed by over 30 prominent unicorn founders, partnering with exceptional entrepreneurs building Africa’s next tech giants.

“The meeting with Norrsken will provide insights into how Nigerian entrepreneurs can benefit from this fund and further strengthen the technology ecosystem in Nigeria.

” Notably, 40% of the investments from Norrsken22 are expected to be allocated to Nigerian technology entrepreneurs.”

The statement signed by Nkwocha revealed that 12 Nigerian private sector companies that are doing business with Sweden are going independently as a private sector bloc.

NDN authoritatively learnt Ericsson LM, whose headquarters is in the Scandinavian country, is one of the dozen companies

“While in Sweden, VP Shettima is also expected to articulate Nigeria’s economic vision and the reforms being undertaken by the administration to create a business-friendly environment in Nigeria for investors.”

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